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Seller's Agent in 2023
David Harrington
Matthews Real Estate Investment Services
626 E 3rd. St. is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1920, this property is located at 626 E 3rd St. and consists of all one-bedroom, one bath units, in addition to tremendous rental upside potential with an interior renovation plan and adding an ADU. The property is situated on a +/- 6,141 SF lot and is zoned for 5+ units. This provides an investor with the potential of an ADU addition for more rental income but keeping the integrity of the existing parking spaces for the tenants. An investor can also take advantage of additional tax benefits with the property being situated in an opportunity zone. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water, electricity, gas, and trash. We encourage all interested parties to do their own due diligence with Santa Ana's planning and development division regarding any ADU potential! The property to be sold as-is!
Last Agent to Sell the Property
David Harrington
Matthews Real Estate Investment Services License #01320460 Listed on: 03/09/2023
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2023 05/23/23 | Sold | $715,000 | -18.3% | $411 / Sq Ft |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | Price Changed | $875,000 | -7.9% | $503 / Sq Ft |
| 03/09/2023 03/09/23 | For Sale | $950,000 | -- | $546 / Sq Ft |
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Seller's Agent in 2023
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent in 2023
Lesley Teasley
Y Realty
(714) 697-2352
1 in this area
21 Total Sales
Source: The MLS
MLS Number: 23-249349